Twitter (TWTR) Gains on Renewed Chatter

(Updated - August 3, 2016 10:06 AM EDT)

Twitter (NYSE: TWTR) gains early on renewed/continued takeover speculation. Shares are up 2.3%.

UPDATE: FYI - this is the rumor being passed around trading desks, FWIW:

Hearing SF based Bloomberg tech correspondent digging into a Twitter story this am that 2 of its largest shareholders, Microsoft's Steve Ballmer and Saudi Prince Alwaleed bin Talal are working together on a complete buyout. Sources saying they want Jack out, to restructure is organizanotinal management teams and put new teams into place to increase long-term shareholder value and success of company. $22-26 range is whats being said.

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